The world’s self-organizing economy can be expected to act strangely, as energy supplies deplete
It is my view that when energy supply falls, it falls not because reserves “run out.” It falls because economies around the world cannot afford...
oftwominds-Charles Hugh Smith: Deglobalization Is Inflationary
Price cutting is being replaced with price gouging, a substitution that consumers recognize as inflation.. Globalization was deflationary, Deglobalization is inflationary. The entire point of...
Monetary Policy and Environmental Progress: Why Bad Money Drives Up Pollution
Many people are growing concerned about pollution and its growing effects on our environment and quality of life. So much so it seems, that politicians...
Can We See the End of the World from Here? Will We Still Feel Fine?
For those of us who see the world’s glass as half empty, a book entitled The End of the World Is Just the Beginning makes the pulse...
Inflation Makes People Poorer (And It’s the Government’s Fault)
The Consumer Price Index (CPI) in the US was 9.1 percent in June. Taking into account that the government lies about inflation, it is better to consider...
Something Upon Which Americans Can Agree: The FBI and the IRS Suck
Tax collectors and federal cops have always been rotten to the core. [ad_2] Source link...
Supersized IRS Will Shrink Liberty
West Virginia Senator Joe Manchin recently claimed the 15 percent corporate minimum tax contained in the Inflation Reduction Act, which should be called the Inflation...
GDPNow Forecast Dives on Housing Data, Erasing a Big Jobs Gain – Mish Talk
GDPNow data from Atlanta Fed, chart by Mish Please consider the August 16 update to the GDPNow Forecast for Q3 GDP. The GDPNow model estimate...
Meet Me At The Bottom? US Housing Starts (1-Unit) Tank -18.5% YoY In July (Down -10.11% MoM, Apartment Starts Down -10% MoM) – Confounded Interest – Anthony B. Sanders
Meet Me At The Bottom … of the housing market? As The Federal Reserve fights inflation (caused by too much Fed stimulus for too long)...
Biden has signed the Inflation Reduction Act. Here’s MarketWatch’s rundown of how it will affect your energy bills, investments and drug costs.
President Joe Biden on Tuesday signed into law the Inflation Reduction Act — the Democrats’ big economic package aimed at addressing climate change, capping drug...